Pension Fund Regulatory and Development Authority (PFRDA) Chairperson Sivasubramanian Ramann has referred ICICI Pension Fund's Swasthya Equity Plus (SEP) as an experiment under the National Pension Scheme's regulatory sandbox. He compared the NPS SEP with Aayushman Bharat and said that they
Having allowed banks to sponsor pension funds under the National Pension System (NPS), Chairman of the Pension Fund Regulatory and Development Authority (PFRDA) Sivasubramanian Ramann, has said that the playing field is level for all sponsors, including Asset Management Companies.
Speaking to the media in Shimla, Singh said Himachal Pradesh had high expectations from the Union Budget presented on February 1 by Union Finance Minister Nirmala Sitharaman, but the state received no special mention.
In a major move to improve retirement security, the Pension Fund Regulatory and Development Authority (PFRDA) has constituted a high-level committee tasked with formulating guidelines and regulations to enable a framework for assured payouts under the National Pension System (NPS). This move
A key highlight of the reform package is the proposal to allow Scheduled Commercial Banks (SCBs) to independently set up Pension Funds for managing NPS.
The pension industry has requested the government to restore the additional Rs 50,000 tax benefit for the National Pension System (NPS) under the new tax regime in the upcoming Union Budget as the incentives are critical to widen coverage beyond salaried Indians, Axis Pension Fund CEO and
New Delhi [India], December 23: In a major move to redefine retirement investing for India's new-age workforce, ICICI Prudential Pension Funds Management Company Ltd. (ICICI PFM) announced the launch of the NPS D.R.E.A.M. Plan (Dynamic Reallocation Enhanced Accumulation Model) under the Mult
The Pension Fund Regulatory and Development Authority (PFRDA) has changed the rules for how people can take money out of their National Pension System (NPS) accounts. These updates apply to the PFRDA (Exits and Withdrawals under the National Pension System) Regulations, 2015. The main goal o
New Delhi [India], December 2: In a landmark initiative to promote inclusive financial security for Indian families, ICICI Prudential Pension Funds Management Company Ltd. (ICICI PFM) announced the launch of its latest offering under the National Pension System (NPS), 'My Family My Future'.
With the deadline fast approaching, the Ministry of Finance has reminded eligible Central Government employees and National Pension System (NPS) subscribers to submit their requests for the Unified Pension Scheme (UPS) by November 30, 2025.
Mumbai (Maharashtra) [India], November 21: HDFC Pension, recognised as India's largest private sector Pension Fund under the National Pension System (NPS), has announced a significant achievement--crossing Rs. 1,50,000 cr. in Assets Under Management (AUM) as of November 17, 2025.
Chennai (Tamil Nadu) [India], October 29: Star Health and Allied Insurance Company Ltd. (Star Health Insurance), India's largest standalone retail health insurer, announced its financial results for the half year ended September 30, 2025 (H1FY26). The Company posted a Profit After Tax (PAT)